New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A shopkeeper sold an article at a discount of 11%. If he

    had given a discount of 6% in place of 11%, then he would have earned Rs. 112 more. If the cost price of the article is 25% less than its marked price, then find the cost price of the article.
    A Rs 1368 Correct Answer Incorrect Answer
    B Rs 1728 Correct Answer Incorrect Answer
    C Rs 1680 Correct Answer Incorrect Answer
    D Rs 1360 Correct Answer Incorrect Answer

    Solution

    Let the marked price of the article is Rs. ‘x’. According to the question; 0.94x – 0.89x = 112 Or, 0.05x = 112 Or, x = 112/0.05 = 2240 Cost price of the article = (75/100) × 2240 = Rs. 1680

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